Credit Invoice on Application
Explanation
Use this activity to credit an invoice which you
no longer require. When the payment matching with
the application has been confirmed and an invoice has been created the only way to
unconfirm the confirmed payment matching on application is to credit the
invoice created.
Prerequisites
- The invoice should be released.
- You cannot create a credit invoice if a credit invoice already exists
for the selected invoice.
System Effects
- A credit invoice is created and added to the
Application for
Payment/Invoice tab.
- If the invoice was created after receiving payment
on the application for payment, the prepayment amount allocated on the
application is unconfirmed, which will leave the confirmed check box
cleared.
- The invoice status on the application will change. If all the invoices
are credited it will become Null.
- If all the invoices are credited, the status of the AFP will change back
to Certified or Approved depending on the invoice method.
Window
Project Invoice
Application for Payment
Related Window Descriptions
Project Invoice
Application for Payment
Procedure
- Open the Application for Payment
window and query for the application which has the invoice you want to
credit. Right click on the invoice line in the
Invoice tab and select the Project Invoice
menu option. Alternatively, you can open the
Project Invoice window
and query for the invoice you want to credit as well..
- Right-click on the
Project Invoice
window, select the Credit Entire Invoice menu option.
- Enter an invoice date for the Credit invoice.
- Click OK.
Note: Refer the Credit Entire Invoice activity
in IFS/Project Reporting for more information.